Share Name Share Symbol Market Type Share ISIN Share Description
MC Mining LSE:MCM London Ordinary Share AU000000MCM9 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 23.50p 23.00p 24.00p 23.50p 23.50p 23.50p 1,198 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 96.0 2.8 6.9 3.4 6.40

MC Mining Share Discussion Threads

Showing 226 to 249 of 250 messages
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DateSubjectAuthorDiscuss
03/8/2018
20:17
All very nice, but will it move the SP? Not getting excited until the share price doubles from here.
casual47
03/8/2018
20:13
MC Mining now a real Employer within communities who want the work and will work hard for all the incentives the company will provide. This has significant societal importance and places the company respectfully with the locals who really own their country.
bengal1
03/8/2018
14:20
Yea, I agree. Good job, well done.
phil0001
03/8/2018
14:09
Really good news.. Owner operated. MC Mining now employ the labour force and this firms resolve for local communities to form strong relationships with the company..above and beyond just Mining Rights. An excellent piece of work that will gel accross other assets. Well done.
bengal1
24/7/2018
19:15
No doubt you read what I posted on another site. Don't think company is making excuses, and would say ticking the land access box is fairly fundamental to mining. Provided they sort this out by the time they get financing then won't delay the build to Makhado. Unfortunately as I'm sure you can appreciate the time lines on this are beyond their control.The interesting part of this next quarterly report will be the Uitkomst numbers and outlook. Think that will be positive. Possibly GSP NOMR, offtake agreement, Vele (for sale and potentially selling surface rights) to also contain positive surprises. If we can get self sufficient be an achievement then wait for Makhado.
2bozmo
24/7/2018
16:30
Funny how new reasons keep popping up as to why share price is being held back. Right now the excuse is "land access"? What will it be once they get that sorted?
casual47
24/7/2018
16:26
What's the timescales for the "quick time" rerate to 40p?
casual47
05/7/2018
08:52
BUT...the share price has now fallen another 43.45% in the last 3 months with this reduction today...W.T.F. is going on (or not going on as the case may be) ?
channel pirate
26/6/2018
19:53
Great stuff...
bengal1
26/6/2018
09:58
Peel Hunt in today's Uitkomst banking facility update:MC Mining | Buy | 88p TP | Uitkomst banking facility arranged MC Mining is increasingly looking like a "normal" producing mining house. Following the acquisition of the Uitkomst colliery, turning the group into a coal producer after many years, it has now arranged a general banking facility. Sized at only R20m this is intended to ensure Uitkomst can make ongoing investments to ensure that it can sustain production rates from the mine. At a 0.5% margin over the South African prime rate this also looks an inexpensive facility. The shares continue to appear underpriced relative to the value unlocked once the Makhado coking coal project starts production. We estimate EBITDA once in operation of US$75 - 80m a year. Coal: For all the articles that we read like this one saying that the coal market is doomed to history as it is replaced by renewables, we remind investors to put it into the context of their investment horizon. Peak coal in 2027? Plenty of upside until then, and at the moment the coal market is very strong. Right now, the thermal market is tight, and the major players cannot agree on an annual contract price (normally Glencore as the largest producer agrees an annual benchmark price with a Japanese utility in March). The spot price hasn't been this high since 2012 is US$ and longer than that in A$, so Aussie based coal miners are making hay.
2bozmo
19/6/2018
09:45
"Quick" and this share are no bed fellows...
casual47
19/6/2018
09:38
Marked higher on no volume, think yesterday was turning point, more news to follow hopefully
2bozmo
19/6/2018
08:25
Will rerate back to 40p quick time...
bengal1
18/6/2018
08:51
Excellent... reaffirms the Company's approach in the development of Makhado, endorses government's support for the project and is a significant victory for the mining industry. The Applicants are a narrow interest group and despite numerous interactions to address concerns, they have utilised unreasonable litigation approaches in an attempt to halt Makhado, together with the associated socio-economic transformation of local communities. The High Court echoed this sentiment in the Judgement." "The Makhado Project has all the legal approvals required to commence construction and the Judgement vindicates MC Mining's strategy, confirming compliance with the required regulatory requirements. Prior to the commencement of construction, the Company requires access to two properties that form part of the Makhado Project. These properties are subject to a legislated land claims process by Makhado's host communities, who are also shareholders in the Makhado Project. In parallel, however, the Company will embark on a process of enforcing its access rights under our mining right. Furthermore, good progress has been made on the Makhado Project marketing and financing arrangements."
bengal1
12/6/2018
08:08
Do the Directors care??
bengal1
11/6/2018
19:55
Hey 2boz, looks like the hunt haven't found the stop you mentioned - 24p / 26p now.
channel pirate
08/6/2018
09:50
Quickly heading towards 50% loss since consolidation. "Boom!" The recovery always just around the corner. Then the next corner. And the next....
casual47
24/5/2018
14:35
Looks like a stop hunt....
2bozmo
24/5/2018
13:16
Yesterday it was announced Mr Brown received 625,612 shares related to performance. Today the share price falls 4.5p from 31p to 26.5p...…̷0;…. some performance that is then !!!
channel pirate
11/5/2018
10:35
At this rate (another 2p drop today) it will not be long before we are back down to the Pre-Consolidation price ?? Maybe the company should change to supplying fertilizer as there seams to be no shortage of Bullsh!t available - we could make a fortune.
channel pirate
10/5/2018
10:43
Uitkomst issue with contractors resolved. We've almost completed their acquisition. Should be a positive going forward.Vele - due diligence ongoing
2bozmo
03/5/2018
22:11
Additionally, as we continue to develop, we are increasingly becoming a takeover target. I've heard it mooted Exxaro might look at taking us over. Despite them stating they are looking to diversify away from coal, the sale of $475m Tronox stake gives them monies to fund this. Exxaro also spending R100m on roads in Limpopo, and developing coal power plants around the area.
2bozmo
03/5/2018
22:05
Coal shortages in South Africa, rand at 12.70 and price API4 both helping valuations. Hopefully we can sell Vele, due diligence being carried out by potential buyer. If we can sell this in near future then potentially will be self-sustaining.Company were expecting GSP to be granted New Order Mining Rights and get access to the remaining farms by the end of April so hopefully that happens soon. They were also hopeful of getting off-take agreements finalised by end of May, and once that was done the financing. The other development appears to be us potentially taking over the contractor at Uitkomst so should not hopefully going forward experience any issues that we've just experienced there
2bozmo
03/5/2018
17:05
Consolidation, name change yet strangely nothing has changed. Let's hope their ducks get in a row before the world has completely switched to renewable energy, space travel or cold fusion....which will be first?
casual47
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